Articles by Northern Miner Staff

Higher revenue for LAC but earnings down a third

Both LAC Minerals (TSE) and subsidiary Bond Gold International reported higher revenues for the first quarter of 1991. While revenues at LAC were US$131.4 million, up from US$111.4 million a year ago,…



WisCan files offering

Toronto-based WisCan Resources (TSE) said recently it has filed an exchange offering prospectus for the distribution of units to raise $1-2 million for its Wisconsin joint venture with Noranda (TSE). …


American to sell Paymaster stake

Vancouver-based American Reserve Mining (ME) has decided to sell its 40% interest in the Paymaster gold mine project at Timmins, Ont. The company says it has held discussions with potential buyers and…


OGS in advance Sudbury move

Sixteen employees of Ontario’s Ministry of Northern Development and Mines recently took up positions at the Ontario Geological Society’s (OGS) “advance office” in Sudbury, Ont. The OGS is set next yea…




Corona net earnings slip

First-quarter net earnings of Corona (TSE) slipped to $6.2 million this year from the $10.5 million reported in the first three months of 1990. The company said the decrease reflects a decline in oper…




International gold show in Boston

An “international outlook” focusing on the gold-mining scenes in the U.S., Latin America, South Africa and Australia will be on the agenda of the annual Boston Gold Show set for June 5-7 in the Massac…


Spectrum changes

Spetrum Gold (ME) is proposing a consolidation and reclassification of its A shares on the basis of one common share for each two A shares outstanding, and a company name change. A $300,000 private pl…


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